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Stocks rise as virus in China not declared global emergency
BANGKOK (AP) — Global stock markets rose Friday after the outbreak of a new virus in China that that has killed 25 people and led to transport limits in several cities was not declared a global emergency. Germany's DAX gained 1.4% to 13,577 while the CAC 40 in Paris rose 1.1% to 6,038, helped also by a...
Asian markets gain as China closes down for Lunar New Year
BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...
How major US stock indexes fared Thursday
Stocks closed mostly higher Thursday as gains in technology and industrial companies offset declines elsewhere in the market. Health care stocks, banks and insurers were among the biggest losers as investors weighed company earnings reports. Traders also monitored developments in the international effort to keep...
Easing trade tensions bode well for emerging market stocks
LOS ANGELES (AP) — Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019, but lagged the blockbuster market returns delivered by publicly traded companies in the U.S. and other developed economies....
Stocks drop on concerns over impact of China virus
BANGKOK (AP) — World shares fell Thursday as health authorities around the world rushed to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports. The central Chinese city of Wuhan,...
Asian shares higher despite growing impact of China virus
BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...
How major US stock indexes fared Wednesday
Major U.S. stock indexes closed essentially flat Wednesday after an early rebound rally faded in the final minutes of trading. The topsy-turvy day came as health authorities around the world take steps to monitor and contain a deadly virus outbreak in China to keep it from spreading globally. Gains in...
Tesla passes $100 billion, teeing up big payout for Musk
DETROIT (AP) — The meteoric rise of Tesla shares that recently pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk. Stock in Tesla Inc. rose another 4.1% Wednesday, pushing the market value of the electric vehicle and solar panel maker past a critical...
Stocks mostly recover on hope for handling of Chinese virus
BANGKOK (AP) — World share prices mostly rose Wednesday as confidence increased in China's handling of an outbreak of a new virus that has infected more than 500 people, with 17 confirmed deaths. The CAC 40 in Paris was up 0.1% at 6,053, while Germany's DAX picked up 0.2% to 13,583. Britain's FTSE 100...
Asian shares higher after selloffs spurred by Chinese virus
Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,216.78. The...
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